Tax-exempt income fund

(redirected from Tax Exempt Income Funds)

Tax-exempt income fund

A mutual fund that seeks income that is exempt from federal and, in some cases, state and local income taxes.

Tax-Exempt Income Fund

An income fund that invests predominantly or exclusively in securities exempt from taxes, at least at the federal level. The easiest investment for such a fund is in U.S. Treasury securities.
References in periodicals archive ?
The Alpine Family of Funds encompasses $6 billion of investments, with three main groups: dividend strategies, real estate investments and short term tax exempt income funds, together with the specialized equity funds.